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Ask Anything: Harrah, Choctaw and Eastern Oklahoma County Oklahoma home buying, real estate listings, and homes for sale in Oklahoma County, OK

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Financing Your Home >Financing Contingencies

Standard real estate purchase agreements usually contain language that releases the purchaser from an agreement if they are unable to get financing within a specified period of time. This contingency includes a full return of the earnest money deposit. If you are buying a home, you should read the financing clause carefully and be sure that you fully understand the terms of the agreement.

You are usually required to apply for your loan promptly and to comply with requests from the lender for any documentation needed to complete the loan application. The contract will also set a time limit by which you must have loan approval. If your lender cannot meet the financing deadline and needs additional time to complete the loan, you must ask the sellers for a written extension.

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Q	Fewer than 2 percent of homeowners build this type of home:
A	Fewer than 2 percent build a custom home; most buy an older home or select from a home builder's menu.
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Marsha Nation, REALTORŽ, real estate agent and broker for Harrah, Choctaw and Eastern Oklahoma County Oklahoma home listings, property and land for sale - NUMBER1EXPERT(tm)

Marsha Nation
Century 21 Town & Country, Inc.
Harrah, OK 73045
1-888-440-2121
405-454-6233
405-641-5806
405-454-3124
Fax: 405-454-6235
Email: MarshaNation@NUMBER1EXPERT.com
Marsha Nation has 25 years full-time sales experience in Harrah, Choctaw and surrounding communities. Marsha is a professional with an excellent track record and has been a consistent recipient of the Century 21 "Quality Service Award" year after year. Email Marsha today.

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